You absolutely should, if and when you get the chance. What the guys over at Boom have done with the mythos has been fantastic. The Go Go Power Rangers series is also really great with getting to see how being a ranger actually effects their day to day teenage lives.

Interesting idea of introducing the Dino Thunder characters.
For me personally, one thing I really want to see in a potential sequel is a terrifying Lord Zedd. He scared the crap out of me when he was first introduced to the show when I was a child. It's only fitting that he's that scary now. Also, I'd really like to see some more of Zordon and Rita's history as rangers themselves. And just how Rita was tempted to cross over to the dark side.
And obviously Tommy to be the ultimate badass. And I would agree, start off with him or her as a bully; that would definitely make for a more interesting transition after breaking free from Rita.

Hellooooo! It's so good to be back! New PRE means new name for me; it's Andrew, aka Sylar from the old board. It's so great to be back and to see some familiar faces popping back up *coughcough*Illy*coughcough* *coughcough*Danny*coughcough*
Thanks for bringing the board back, Mes! I'm looking forward to being back